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Side-by-side financial comparison of KKR Real Estate Finance Trust Inc. (KREF) and ENERGY FUELS INC (UUUU). Click either name above to swap in a different company.
ENERGY FUELS INC is the larger business by last-quarter revenue ($27.1M vs $25.8M, roughly 1.1× KKR Real Estate Finance Trust Inc.). ENERGY FUELS INC runs the higher net margin — -77.3% vs -101.7%, a 24.5% gap on every dollar of revenue. On growth, KKR Real Estate Finance Trust Inc. posted the faster year-over-year revenue change (-26.6% vs -32.1%). Over the past eight quarters, ENERGY FUELS INC's revenue compounded faster (98.7% CAGR vs -18.8%).
KKR Real Estate Finance Trust Inc. is a specialized real estate finance firm sponsored by global investment firm KKR. It primarily originates, acquires, and manages a portfolio of senior secured commercial real estate loans, mostly backed by high-quality institutional commercial properties across the United States, delivering stable risk-adjusted returns to investors via interest income from its diversified assets.
FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services power plants based on molten carbonate fuel cells.
KREF vs UUUU — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.8M | $27.1M |
| Net Profit | $-26.2M | $-20.9M |
| Gross Margin | — | 35.0% |
| Operating Margin | -105.1% | -81.6% |
| Net Margin | -101.7% | -77.3% |
| Revenue YoY | -26.6% | -32.1% |
| Net Profit YoY | -229.6% | 36.5% |
| EPS (diluted) | $-0.49 | $-0.08 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $25.8M | $27.1M | ||
| Q3 25 | $25.3M | $17.7M | ||
| Q2 25 | $30.2M | — | ||
| Q1 25 | $31.3M | $16.9M | ||
| Q4 24 | $35.1M | $39.9M | ||
| Q3 24 | $37.0M | — | ||
| Q2 24 | $40.4M | $8.7M | ||
| Q1 24 | $39.1M | $25.4M |
| Q4 25 | $-26.2M | $-20.9M | ||
| Q3 25 | $13.8M | $-16.7M | ||
| Q2 25 | $-29.7M | — | ||
| Q1 25 | $-4.9M | $-26.3M | ||
| Q4 24 | $20.3M | $-33.0M | ||
| Q3 24 | $-7.4M | — | ||
| Q2 24 | $25.8M | $-6.4M | ||
| Q1 24 | $-3.1M | $3.6M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 27.8% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | -7.3% | ||
| Q4 24 | — | 1.5% | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 57.8% | ||
| Q1 24 | — | 56.5% |
| Q4 25 | -105.1% | -81.6% | ||
| Q3 25 | 50.4% | -150.6% | ||
| Q2 25 | -101.3% | — | ||
| Q1 25 | -18.3% | -155.0% | ||
| Q4 24 | 55.8% | -71.6% | ||
| Q3 24 | -19.6% | — | ||
| Q2 24 | 63.3% | -103.7% | ||
| Q1 24 | -8.7% | 7.9% |
| Q4 25 | -101.7% | -77.3% | ||
| Q3 25 | 54.4% | -94.5% | ||
| Q2 25 | -98.5% | — | ||
| Q1 25 | -15.5% | -155.6% | ||
| Q4 24 | 57.7% | -82.6% | ||
| Q3 24 | -20.0% | — | ||
| Q2 24 | 63.9% | -73.6% | ||
| Q1 24 | -7.9% | 14.3% |
| Q4 25 | $-0.49 | $-0.08 | ||
| Q3 25 | $0.12 | $-0.07 | ||
| Q2 25 | $-0.53 | — | ||
| Q1 25 | $-0.15 | $-0.13 | ||
| Q4 24 | $0.22 | $-0.19 | ||
| Q3 24 | $-0.19 | — | ||
| Q2 24 | $0.29 | $-0.04 | ||
| Q1 24 | $-0.13 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $84.6M | $64.7M |
| Total DebtLower is stronger | — | $675.7M |
| Stockholders' EquityBook value | $1.2B | $678.4M |
| Total Assets | $6.5B | $1.4B |
| Debt / EquityLower = less leverage | — | 1.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $84.6M | $64.7M | ||
| Q3 25 | $204.1M | $94.0M | ||
| Q2 25 | $107.7M | — | ||
| Q1 25 | $106.4M | $73.0M | ||
| Q4 24 | $104.9M | $38.6M | ||
| Q3 24 | $108.8M | — | ||
| Q2 24 | $107.2M | $24.6M | ||
| Q1 24 | $106.5M | $54.8M |
| Q4 25 | — | $675.7M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $678.4M | ||
| Q3 25 | $1.2B | $703.2M | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.3B | $580.8M | ||
| Q4 24 | $1.3B | $527.8M | ||
| Q3 24 | $1.4B | — | ||
| Q2 24 | $1.4B | $378.8M | ||
| Q1 24 | $1.4B | $383.7M |
| Q4 25 | $6.5B | $1.4B | ||
| Q3 25 | $6.5B | $758.3M | ||
| Q2 25 | $6.8B | — | ||
| Q1 25 | $6.6B | $650.8M | ||
| Q4 24 | $6.4B | $612.0M | ||
| Q3 24 | $6.8B | — | ||
| Q2 24 | $7.1B | $403.4M | ||
| Q1 24 | $7.3B | $405.8M |
| Q4 25 | — | 1.00× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $72.3M | $-16.2M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $72.3M | $-16.2M | ||
| Q3 25 | $18.5M | $-28.5M | ||
| Q2 25 | $21.1M | — | ||
| Q1 25 | $15.9M | $-18.8M | ||
| Q4 24 | $132.6M | $-36.0M | ||
| Q3 24 | $49.1M | — | ||
| Q2 24 | $30.6M | $-9.7M | ||
| Q1 24 | $34.5M | $8.8M |
| Q4 25 | — | — | ||
| Q3 25 | 1.34× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 6.54× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | — | 2.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
